Public has acquired the retail brokerage accounts of Tornado, an artificial intelligence platform for financial institutions. The agreement will see more than 85,000 Tornado brokerage customers moved to Public’s active trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. They will gain access to a broader range of investment products.

Public has shifted away from social trading to focus on AI-driven investing tools. The platform now positions itself as a multi-asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term broker, offering stocks, options, bonds, crypto via Bakkt, margin trading, and AI-powered products like Generated Assets.

Tornado Refocuses on Institutional AI Research

Tornado will not exit the market. Instead, it will continue to focus on institutional clients. The company said it is scaling its agentic AI research platform to serve hedge funds, asset managers, investment banks, venture capital and private equity firms, and other institutions. Tornado reported a revenue increase of more than three times in recent months, citing rising interest from these clients.

You may find it interesting at FinanceMagnates.com: Public Joins Aston Martin Aramco F1; Launches Fractional Bond Trading.

Public, launched in 2019 and based in New York, offers long-term investing across multiple asset classes, including stocks, bonds, crypto, and options. The company has raised more than $400 million from investors such as Accel and Tiger Global.

Public Offers Expanded Assets to Tornado Clients

As part of the transition, Tornado’s retail customers joining Public will be able to invest in stocks, ETFs, bonds, crypto, retirement accounts, and options. They will also have access to Public’s AI research assistant, Alpha, and the option to invest in customizable indexes through Generated Assets.

“Tornado's customers will have access to a modern brokerage platform where traders will have a variety of AI-powered tools and charting to move quickly and take advantage of the market in real time,” said Stephen Sikes, COO of Public.

Introducing: Generated Assets

Turn any idea into an investable index. pic.twitter.com/j9fI3kSxlM

— Public (@public) May 14, 2025

Generated Assets Offers AI-Assisted Investing Tools

Public launched Generated Assets, an AI-powered tool that lets users create custom equity indexes from simple text prompts. The system analyzes filings and public data, backtests performance, and tracks personalized indexes against the S&P 500.

Users can explore niche investment ideas, monitor indexes, and share results. Public plans to add investment functionality soon, offering an AI-assisted alternative to traditional investing without requiring advanced market expertise.